ASX LIVE: Australian shares to rebound on Wall Street’s rally, $A recovers

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ASX LIVE: Australian shares to rebound on Wall Street’s rally, $A recovers
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Australian shares are poised to open higher. Atlassian surges in New York. NZ CPI at 8.45am AEDT, RBA meeting minutes at 11.30am AEDT.

Bank of America reported its highest quarterly net interest income in at least a decade as the lender reaps the benefits of the Federal Reserve’s interest-rate hikes, and debt traders beat analysts’ estimates.

Higher loan revenue combined with an increase in trading revenue helped earnings beat analysts’ expectations.

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